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20121205
20121205
STATION
CNBC 1
LANGUAGE
Search Results 0 to 1 of about 2
CNBC
Dec 5, 2012 4:00am EST
. the labor party -- i was speaking to rachel reeves earlier on, just because they've got their plans wrong. they've cut in the wrong areas, they're not thinking about the infrastructure growth that this country needs to get itself out of the mess. so let's see what it comes up with today. it's just a question of whether he can take it away from some departments and give it to others. of course, there's this whole rich versus poor debate also. the poor we're talking about are only so rich. for instance, taking it away. the free amount of money you can put into your pension before you get taxed on it. at the moment, that's 50,000 pounds. estimates are that it will go down to 30, 40,000 pounds. even if they put it down to 30,000 pounds, it's only going to raise around 8.1 billion pounds extra. when you consider total government spending and borrowing, that's a drop in the ocean. welfare is about 186 billion pounds. you can see the kind of numbers we're talking about. tinkering at the edges as well. there will be more money into education, into science, into infrastructure as well and he'll be
FOX News
Dec 5, 2012 3:00am PST
blogger was standing this and said hey, look there, goes rachel madow. and then, hey, it's al sharpton. there goes -- what were all the msnbc guys doing at the white house? apparently they were invited by the white house to talk about what the president's pitch is regarding the fiscal cliff. he's been adamant, the top 2% have to pay a higher tax rate and apparently he wanted the folks from the leftist network all on board with him. >> so in the bush administration, we would sometimes need to do something like talk radio row, i think we called it. it was brilliant. we had the conservative talk radio hosts lined up and get a hole bunch of interviews so they could be persuaded on president bush's plan on things like tax reform, immigration. so from a tactical standpoint, i think president obama is saying, let me talk to people so they make sure they know where i'm coming from. here is the thing that he could do, he is talking to people who agree with him. although some people on the left actual will he want him to go even further left. i think he felt like he need to do shore up those thi
Search Results 0 to 1 of about 2